Holder in Due Course (HDC) is a person who acquires a negotiable instrument in good faith, for value, and before its maturity, thereby enjoying special rights and protectionsโsuch as priority in claims against previous defects or defenses. Under the Negotiable Instruments Act, 1881 (Section 9) of Bangladesh, this post explains the definition, conditions, rights/privileges, and examples of HDC in a clear and concise way.
Tag: Negotiable Instruments
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